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Montana

housing market
Housing Wire

Montana’s housing market experiences a summer cooldown

July 30, 2024 Allen Santos Comments Off on Montana’s housing market experiences a summer cooldown

​ Warmer summer weather has brought cooler housing market conditions to Montana. “The market right now just feels like it’s a bit lukewarm,” said Brian Huskey, a Billings, Montana-based ERA American Real Estate agent. “There […]

Montana
Housing Wire

Montana officials continue advocating for state reverse mortgage program

July 30, 2024 Allen Santos Comments Off on Montana officials continue advocating for state reverse mortgage program

​ Officials in Montana continue to promote the specialized Reverse Annuity Mortgage (RAM) program for the state’s seniors, with one official saying that it could be a big difference-maker for those in Montana looking to […]

Wild West-themed
New York Post

For $1.7M, you can buy an entire Wild West-themed town in Montana

April 29, 2024 Mariel Alumit Comments Off on For $1.7M, you can buy an entire Wild West-themed town in Montana

Talk about being the master of your own universe. With the purchase of this Wild West-themed Montana compound just 15 miles west of Helena, you can be the mayor and the sheriff of your own […]

hospital
New York Post

Historic Montana hospital hits the market for just $10 — but potential buyers face this huge obstacle

April 12, 2024 Mariel Alumit Comments Off on Historic Montana hospital hits the market for just $10 — but potential buyers face this huge obstacle

A historic and sprawling Spanish-mission-style building that functioned as a working hospital in Montana until the 1940s is on the market for just $10. But if that seems too good to be true, it is. […]

Montana Judge
Housing

Montana Judge Blocks Development Over Potential Groundwater Level Depletion

February 20, 2024 Mariel Alumit Comments Off on Montana Judge Blocks Development Over Potential Groundwater Level Depletion

A Montana judge has blocked a housing development organized by a member of prominent local political family after a group of local residents warned the project would deplete the area’s groundwater levels. According to combined media reports, Broadwater […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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